By Gabriel Ameh
The National Youth Service Corps (NYSC) has entered into a strategic partnership with the Nigerian Exchange Group (NGX Group) aimed at equipping Corps Members with financial literacy skills, investment knowledge, and opportunities in the Nigerian capital market.
The Director-General of NYSC, Brigadier General Olakunle Nafiu, disclosed this during a visit to the Nigerian Exchange Group in Lagos, where he participated in the Closing Gong Ceremony.
General Nafiu described the collaboration as a significant step towards empowering young Nigerians with practical financial knowledge, noting that the initiative would expose Corps Members to stock trading, savings, and investment opportunities.
According to him, the partnership is timely and aligns with the Scheme’s commitment to youth development, especially as NYSC has continued to play a critical role in nation-building for over five decades.
“Today, we embrace change through a new relationship that will empower our youths with financial literacy and open doors to investment opportunities that were previously beyond their reach,” he said.
He added that the partnership demonstrates a commitment to preparing Corps Members for a financially secure future by encouraging active participation in the capital market.
Speaking during the event, the Chairman of the Nigerian Exchange Group, Alhaji Umaru Kwairanga, commended the NYSC for its contribution to national unity and youth development.
Kwairanga expressed the Group’s readiness to deepen collaboration with NYSC and other stakeholders to improve financial literacy among Nigerian youths.
He noted that the country’s financial ecosystem offers numerous opportunities that young people can leverage to build wealth and contribute to economic growth.
“We see immense opportunities in collaborating with the NYSC to advance financial literacy among Corps Members across the country,” he said.
According to him, the partnership will also encourage a stronger savings culture and increase youth participation in the nation’s economic development.
Also speaking, the Chief Executive Officer of Nigerian Exchange Limited, Mr. Jude Chiemeka, highlighted the diverse investment opportunities available on the exchange.
He revealed that the Nigerian Exchange currently hosts more than 323 listed securities, providing investors with a wide range of investment options.
Chiemeka described the Nigerian capital market as a frontier market that continues to attract significant goodwill and investor interest, adding that the exchange maintains strategic partnerships with leading stock exchanges around the world.
He expressed optimism that the collaboration with NYSC would serve as a foundation for long-term engagement in financial education and investment awareness among Nigerian youths.
